This course provides an understanding of the concept, functions and practices of merchant banking, with emphasis on issue management, underwriting, corporate advisory services, capital raising and capital market operations. It familiarizes students with the role of merchant bankers in corporate finance, securities issues, mergers and acquisitions, financial restructuring and regulatory compliance.
Course Outcome:
CO1: Explain the concept, nature, scope, functions and significance of merchant banking and its role in the financial system.
CO2: Analyze the role of merchant bankers in issue management and capital mobilization, including public issues, rights issues, private placements and other securities offerings.
CO3: Apply principles and techniques of underwriting, securities valuation and issue pricing in capital market transactions.
CO4: Examine various corporate advisory services provided by merchant bankers, including mergers and acquisitions, corporate restructuring, financial planning and project advisory.
CO5: Analyze the role of merchant bankers in capital market operations, investor protection, disclosure requirements and regulatory compliance.